The Phoenix Mills Limited Approves the Appointment of Sumanta Datta as Non-Executive Independent Director
December 31, 2023 at 01:26 am EST
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The Phoenix Mills Limited approved the appointment of Mr. Sumanta Datta (DIN - 09462502) as Non-Executive Independent Director on the Board of the Company by way of Postal Ballot (through remote e-voting facility) for a first term of five years with effect from November 08, 2023 to November 07, 2028 (both days inclusive). Mr. Sumanta Datta is a seasoned industry veteran with over 25 years of experience leading large commercial operations, marketing, and distribution in consumer goods and durables industries. He has a proven track record of driving growth through innovation,
partnerships, and strategic interventions in markets like India, China, Indonesia, Bangladesh, and South-West Asia. Mr. Datta is currently serving as an Advisor and Operating Partner to Venture Debt funds, Data Analytics, and Food & Beverages start-ups, Mr. Datta facilitates rapid expansion of capabilities and operations. He holds a Master's Degree in Business Administration from Rutgers, The State University of New Jersey, USA, and is the Managing Director at Oxford University Press India. Prior roles include Vice President at the Coca-Cola Company and overseeing Logitech's operations in India, Indonesia, and Southwest Asia.
The Phoenix Mills Limited is an India-based real estate development company. The Company is engaged in the development and leasing of commercial and retail space. The Company operates through two segments: Property and related services and Hospitality. The Property and related services segment are engaged in providing mall /office areas on license basis and development of commercial / residential properties. The Hospitality segment is engaged in the operation of hotels and restaurants. Its retail projects include Phoenix Palladium, Mumbai; Phoenix Marketcity, Pune; Phoenix Mall of the Millennium, Pune and Palladium, Chennai. Its commercial projects include Art Guild House, Mumbai; The Centrium, Mumbai; Fountainhead Tower 1, Pune; Fountainhead Tower 2, Pune; Fountainhead Tower 3, Pune and Phoenix House, Mumbai. Its hospitality projects include The St. Regis, Mumbai and Courtyard by Marriott, Agra. Its residential projects include One Bangalore West and Kessaku, Bangalore.